secwatch.observer — SEC 8-K summary
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Issuer:     TRUIST FINANCIAL CORP (TFC)
CIK:        0000092230
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0000092230-24-000101
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Truist appoints Brad Bender as Chief Risk Officer; Clarke Starnes III retires after 42 years
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- Clarke Starnes III retires as Vice Chair and CRO; remains Senior Advisor through April 30, 2025.
- Brad Bender, previously interim CIO and Head of Enterprise Operational Services, named CRO effective immediately.
- Bender oversees all risk functions: credit, market, liquidity, operational, compliance, technology, regulatory relations, ethics, financial crimes.
- Starnes to receive base salary and 2024 incentive during transition; eligible for severance plan benefits after advisory role ends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92230/000009223024000101/0000092230-24-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92230/000009223024000101/tfc-20241113.htm
  HTML page:      https://secwatch.observer/filing/0000092230-24-000101

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